I'm not sure its such a big deal @SaberX. Yes, it would have...

I'm not sure its such a big deal @SaberX. Yes, it would have been great to dump another 25K wet tonnes in May. The stock had already reacted down 10% with the first trades of this morning. But the savvy holders will see this as a buying opportunity at these discounted levels given this other commentary in the release....

"....preliminary discussions for proposed sales in June-July, with off-take partner Natfort and a number of potential new buyers, provides Image with optimism that the current market uncertainty may only be temporary.........sales guidance for CY 2020 remains unchanged at 300-330kt but with sales volumes expected to be weighted towards the second half 2020."

Holders already knew sales projections were weighted to the 2nd half anyway, this announcement this morning just adds another 5% to that weighting. In their segment, these guys have run a solid business built on quality ore, good fiscal management, and timely project rollouts. The May sale outcome is not a reflection of the Ore, the management or the projects. So net-net, this stock looks cheap on forward earnings into the 2nd half.

This stock traded at around 25 cents at the end of December 2019 with less sales and less future clarity than it has today. It's now trading at under 15 cents this morning. It was cheap at 16.5 cents yesterday, so even cheaper now. People always try to time the market, but generally speaking, timers tend to fail. This stock is a strong buy IMHO.